Abraham Spencer 4
4 · TWO HARBORS INVESTMENT CORP. · Filed May 15, 2026
Research Summary
AI-generated summary of this filing
Two Harbors (TWO) Director Abraham Spencer Sells 4,522 Shares
What Happened
Abraham Spencer, a director of Two Harbors Investment Corp. (TWO), sold 4,522 shares on May 15, 2026 at $12.57 per share, generating proceeds of $56,864. The transaction is reported as a sale (disposed shares) rather than a purchase, and was used to satisfy taxes related to the vesting of previously granted restricted stock units (RSUs).
Key Details
- Transaction date and price: 2026-05-15 — 4,522 shares sold at $12.57 each.
- Total proceeds: $56,864.
- Reason/footnote: Sale executed to satisfy income tax liabilities from RSU vesting; effected pursuant to trading instructions given August 10, 2022 under a Rule 10b5-1 plan (footnote F1).
- Shares owned after transaction: Not specified in the provided filing details.
- Timeliness: Filing date and period reported as 2026-05-15 (same day); no late filing indicated in the provided information.
Context Sales tied to tax-withholding on RSU vesting and those executed under pre-established 10b5-1 plans are common and do not necessarily indicate a change in the insider’s view of the company. This was a routine disposition to cover tax obligations rather than a new, discretionary sale.
Insider Transaction Report
- Sale
Common stock, par value $0.01 per share
[F1]2026-05-15$12.57/sh−4,522$56,864→ 35,039 total
Footnotes (1)
- [F1]The reporting person sold the shares to satisfy income tax liabilities incurred as a result of the vesting of restricted stock units previously granted to the reporting person. The sale reported on this Form 4 was effected pursuant to trading instructions given by the reporting person on August 10, 2022 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934.